CNP Assurances - Investor Presentation

2019 INVESTMENTS INVESTMENT FLOWS IN 2019 (%) 6% 5% 5% 83% Bonds Equities Property and infrastructure Private equity Bond portfolios: average 2019 reinvestment rate of 0.79% Unaudited management reporting data Yield (%) CNP Assurances - Investor Presentation - March 2020 BOND INVESTMENT FLOWS IN 2019 1.2 0.9% 1.0 0.9% 0.8 0.7% 0.6 0.4 0.2 02 4 6 8 10 12 14 16 18 20 22 24 Average maturity (years) Sovereigns Banks Corporates excl. banks 24

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